Why Commercial Property Search Needs To Be More Than Just Listings?
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A
consumer turns to the internet for literally everything. From ordering food to
buying a property, the internet has become a trusted source for people of all
ages. Real estate search has become easier with online information easily
accessible these days. When exploring a commercial property, the first thing
prospects probably look for is listings to gather as much information as
possible about the property.
But
commercial property search is not just about browsing through countless
listings. A lot of factors need to be taken into consideration before shortlisting properties.
Advantages of checking
property listings
First,
let’s understand a few benefits of checking property listings as part of your
property search.
- Wider
options
Checking
property listings opens doors to a wide range of options. Your options are not
limited to only properties that a broker may choose to show you. From premium
office spaces to affordable spaces and retail outlets, you can view numerous
choices through listings. This will help you make an informed decision.
- Price trends
Listings
give you a fair understanding of the current rates across geographies. For eg,
A bare shell office space of 600 sq ft could cost ₹1.50 Cr in Mumbai. The same
office could be available for ₹1 Cr in Hyderabad. You can compare prices across
geographies, have a better understanding of the market trends and choose a
property that fits your budget.
- Property
features
Listings
often provide information on property features apart from basic information
such as area and location. You can view floor plans, amenities, and
walk-through videos of the property. Visiting a space after gathering necessary
information speeds up the decision-making process. It helps you compare
properties and features with better efficiency during site visits.
- Insights
on location and connectivity
Listing
sites often give you a snapshot of the location highlights and nearby social
infrastructure. You can decide whether the location is favourable for your
business or has potential for future appreciation merely by viewing the
information highlighted on the listing site. This saves time and helps you
shortlist properties that actually align with your interests.
- Early bird
offers and discounts
There
are several listing platforms that give offers and discounts on properties.
Online commercial property search can help you land better deals.
This
was all about the advantages of viewing commercial property listings. Now let’s
get to the crux of the matter. How to search commercial property and why
commercial property search should be more than just listings?
What are the other steps
involved in a commercial property search?
Here
are a few factors to take into consideration apart from checking listings.
Listings only give you basic insights into property features. You cannot make a
decision as important as property buying solely based on listings.
- Take your
site visit seriously
When
visiting a site, thoroughly check the property. Look for any signs of cracks in
the wall, leakages, poor construction quality, etc. Visit during the day and
night to understand how the place looks and feels during and after business
hours. Other factors to take into consideration include footfall, traffic, and
safety.
- Gather
information about the neighbourhood
Not
everything can be understood by merely checking the commercial property. You
need to verify a few things by talking to local shop owners or brokers. Opt for
public transport when visiting the site to understand the ease of commuting.
This will help you understand whether trains and buses are easily available in
the neighbourhood. Nearby social infrastructure plays a key role in attracting
clients. Identify upcoming infrastructure projects (like metro lines or
flyovers) that will positively influence the price of the property in the
future.
- Avoid
legal complications
Legal
complications are not easy to identify without the help of a professional. The
property should have all the necessary approvals and documentation indicating
that it’s eligible for sale. Pending disputes over the property are another
issue that often gets overlooked. You should hire a legal advisor to check
disputes over title, zoning laws, compliance with safety, fire, and
environmental norms.
- Consider
the tenant and lease terms
Tenant
and lease terms are one of the important factors governing your commercial
property purchase or rental decision. If you are renting the property,
understand the lease duration and renewal terms. You have to study the rental
escalation clauses if you are the one paying the rent. If you are buying for
investment purposes, check the vacancy history of the property. All these
factors tell whether the property will pay you back the way you expected.
- Calculate
ROI
The
price of the property primarily influences your investment decision. But
today’s rate should not be the only guiding factor when making a decision. When
wondering how to search commercial property in a better way, ROI should be one
of the key considerations. Understanding ROI helps you understand the real
potential of the property. One big-ticket infrastructure project is enough to
skyrocket the property price. Comparing rental income trends and resale price
trends of properties in the same location will help you understand whether
investing in the property will be a wise decision.
- Check
building maintenance
Listings
rarely give insights into hidden costs like high maintenance charges, irregular
water supply, or faulty lifts. These issues can impact your business operations
and tenant satisfaction. To detect these problems well in advance, talk to
current tenants or occupants, review the building’s maintenance history, and
ask about facilities like parking, power backup, security, and sanitation to ensure you are not
investing in a problematic property.
Conclusion
Commercial
property search is never just about listings. A lot of things, like site
visits, background verification, and ROI calculation, play an important role in
the search process. This article answers your questions and concerns about how
to search commercial property the right way.
Expanding
your portfolio with commercial property investment will help you secure
exceptional financial returns. Especially in metropolitan cities like Mumbai,
commercial property rates are soaring at an exponential rate. There is a wide
range of properties that are equipped with the latest tech features to cater to
the evolving needs of modern businesses. You are just one investment away from
reaping excellent returns.
Article authored by: Team Proptranxact
Date: 22nd July, 2025
MahaRERA No - A51800032669
WeWork Raheja Platinum, Off Andheri Kurla Road, Marol, Andheri East, Mumbai- 400059
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